“The Biggest Loser in the “Magnificent Seven” Could Soar 1,140%, According to Cathie Wood’s Ark Invest”
March 20, 2024
“…Tesla stock is now trading 57% below its all-time high. The company is suffering from a slowdown in electric vehicle sales — where it generates most of its revenue — which is forcing investors to adjust their growth expectations for the future…
Ark’s price target for Tesla stock implies a 1,140% upside over the next three years, but is that realistic?…”
https://finance.yahoo.com/news/biggest-loser-magnificent-seven-could-100000219.html
EV’s are not the next big thing. It doesn’t matter how much the powers that be push it or try to force it on people. I’m sure Tesla will grow but EV’s are not the future. It’s a trend and a bad one at that. In general they are a scam. They don’t run in cold weather. The trucks can’t haul heavy loads. They are moving coffins because the batteries explode / catch on fire which is unlike gasoline vehicles. They can be hacked making high profile target easier to assassinate. Nothing is good about them. Nothing.